Latest In Snap-on
Snap-on profit up 14.4% for the year.
Including sales from the Challenger Lifts acquisition, sales increased 5.8 percent.
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But executives report some softness in the latest quarter for manufacturing customers.
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Repair systems & information group segment sales had the greatest increase.
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The purchase expands the manufacturers repair shop offerings.
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Excluding currency translation, organic sales were up 1.5 percent.
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Profit increased 10.8 percent to $306.1 million.
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